I am manus cranny. We are waiting for the numbers. With bated breath. You have the carlsberg numbers. When heineken comes down we can go to that. Carlsberg has cut its fullyear profit outlook. The earlier forecast was for adjusted net income to rise by low singledigit percentages third what they said is adjusted net income wont fall by midto high single digit percentage. What we care some much about carlsberg, not only because it is the worlds fourth biggest brewer, russia is its biggest market. What it says about russia is fascinating. Market volume in russia down by 6 7 in the first half. Its market share has fallen sees8 basis points and it the russian beer market down by a high singledigit percentage. Its earlier forecast was a midsingledigit drop. Revenue threatened by Political Tension over ukraine. The weakening global and government efforts to curb drinking. Well come back to carlsberg in a second. Heineken is all yours. Can i be a seamless as that . Firsthalf consolidated reve
Suffered its worst trading session in 15 years. The ruble bounced back at the open this morning, but it has since dropped once again, falling into negative territory against the dollar despite these extremely hard core moves by the russians. Russian stocks selling up again as Oil Continues to decline. Michelle ka reduce sa cabrera will join us with the russian story and why the markets are very worried in just a moment. Headlines out of china grabbing attention this morning. The first flash reading of the hsbc pmi showing the First Manufacturing contraction there in seven months. It was a reading below 50. This is the latest sign of weakness in the chinese economy. Stocks rose on hopes of more stimulus from chinas central bank. As for how things are shaping up here at home, check out the futures this morning. At least in early trading, remember yesterday, everything reversed by the end of the day. We were up 100 points in premarket. But in the premarket this morning, dow futures are in
Nick this is an unmitigated disaster, will set the stage for a Nuclear Holocaust in the middle east egypt, saudi arabia and turkey have indicated theyre going to go with their own Nuclear Programs. Its very simple either you have a Nuclear Program or you dont. The iranians have trk theyre going to continue with it. One detail we know, not one Nuclear Facility has to be closed down and they can enrich uranium until their heart is content. This is bad all around. Bruce i know the old phrase trust and verify that was a reagan phrase when dealing with the soviets, look at what past inspectors have said about their attempts to get iranians to open up their doors. Were still not in a position to conclude that all Nuclear Material in iran is in a peaceful purpose another one, Nuclear Material declared by iran was not being diverted for peaceful purposes. That was in 2014. Does it make sense to lift sanctions against iran before it satisfies the inspectors is this and theres some question abou
Nick this is an unmitigated disaster, will set the stage for a Nuclear Holocaust in the middle east egypt, saudi arabia and turkey have indicated theyre going to go with their own Nuclear Programs. Its very simple either you have a Nuclear Program or you dont. The iranians have trk theyre going to continue with it. One detail we know, not one Nuclear Facility has to be closed down and they can enrich uranium until their heart is content. This is bad all around. Bruce i know the old phrase trust and verify that was a reagan phrase when dealing with the soviets, look at what past inspectors have said about their attempts to get iranians to open up their doors. Were still not in a position to conclude that all Nuclear Material in iran is in a peaceful purpose another one, Nuclear Material declared by iran was not being diverted for peaceful purposes. That was in 2014. Does it make sense to lift sanctions against iran before it satisfies the inspectors is this and theres some question abou
Funding from School Nutrition programs to a variety of welfare programs and in their place of budget that might mix those sequestration cuts but promises to make up for in domestic cuts everywhere else. Democrats already cried foul and even republicans to get their shot to morrow saved me very careful. But what i like about the house approach is the recognition of what we face bottomless using a play scrooge consider theyre still asking congress to spend 43 trillion over the next 10 years about 6 trillion less than we are slated to spend now. That is still a lot of money and the cuts are really just cut in the growth of spending not our right cuts in aggregate spending for any year. It is braver but i would not go out on a whim to say it is pray for foolhardy. Is an important step in the important direction that offers a path to entitlement cents a not servitude but a budget that recognizes map that understands the addition and subtraction. Last night at this time i was deboning republ